September 14 2024 – Last week, Suez Canal Authority Chairman Osama Rabie and Saudi Vice Minister of Transport and Logistic Services H.E. Rumaih Al-Rumaih, accompanied by a distinguished delegation, met in Egypt to facilitate discussions around enhancing collaboration between Saudi Arabia and Egypt in areas pertaining to maritime tourism, facilitating entries of yachts and cruise ships, and easing navigations of key Red Sea projects.
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Furthermore, the meeting oversaw discussions on the improvement of maritime transport for passengers and goods. Rabie detailed Egypt’s plans to promote yacht tourism in the Suez Canal while shedding light on efforts to transform the Ismailia Yacht Marina into a superyacht attraction for foreign flags cruising by.
Earlier this summer, Egypt reintroduced the Egypt International Boat Show after a 13-year hiatus, while also announcing a reduction of transit fees in the Suez Canal.
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Meanwhile, as Saudi Arabia gears up towards the opening of mega-destinations AMAALA, Neom, and Red Sea Project, the Red Sea Authority issued the first regulations for Saudi Yachts.
